Continuing Iron Age's Century-Long Tradition

Regional Market Reports

Why did prices go up in one city and not in another? Did local steel production increase? What are scrap prices going to do next month? The answers are in these reports.   

 

Chicago And St. Louis down another $20 on prime, sideways on cut grades

By Bill Beck - February 13, 2019

General market report for Chicago and St. Louis
 
After skidding $30 in January, prices in the Chicago and St. Louis markets stabilized in February. Prime grades remained soft though, down $20 for the month, while cut grades, shredded and turnings traded at sideways prices to January.
 
 

Detroit, Hamilton down $20 on primes, sideways on cuts

By Bill Beck - February 13, 2019

General market report for Detroit and Hamilton
 
Following one of the most brutal stretches of cold weather in more than two decades, cut grades in Detroit opened the February market sideways. That’s still off $30 from December prices, but an indication that shredded and plate and structural grades are in increasingly tight supply. In Canada, Hamilton mills were offering to buy cut grades at down $5 Cdn from January prices, which is equal to $4 U.S.
 

US pig iron strengthens on lower stocks, higher iron ore costs

By Sean Barry - February 13, 2019

After coming under heavy downside pressure last month on sluggish demand and a weaker ferrous scrap market, prices for pig iron in the United States appear to be rebounding in February as producers face lower inventories and higher iron ore costs following the collapse of a tailings dam in Brazil.
 

Southern markets hold steady in Feb, primes dip $10

By Sean Barry - February 13, 2019

General market report for Birmingham and Houston
 
Prices for obsolete grades in the south of the country held in their ranges in February amid robust demand from domestic and overseas buyers, while prime grades lost $10 on weaker buying activity.
 

Prices hold firm in Ohio Valley and Pittsburgh in Feb, primes slip $20

By Sean Barry - February 13, 2019

General Market Report for Pittsburgh, Cleveland, Cincinnati and Youngstown 
 
After coming under heavy downside pressure last month, ferrous scrap prices in Pittsburgh and the Ohio Valley largely held in their ranges in February amid an uptick in export trade and a blast of winter weather that impacted material flows, while prime grades fell $20 from last month.
 

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